Manappuram Finance announces that all dividend, interest, and redemption payments will now be made exclusively through electronic modes, as mandated by recent regulatory changes. This shift eliminates the issuance of physical instruments such as warrants and checks. Stakeholders are advised to update their bank account details to ensure seamless transactions, enhancing efficiency and security for all payments effective immediately from December 3, 2025.
Transition to Electronic Payments
Manappuram Finance is transitioning to mandatory electronic payments for all dividends, interest, and redemption amounts. This change comes into effect immediately, simplifying payment processes and enhancing security for all stakeholders. The company communicated this update on December 3, 2025.
Impact on Stakeholders
As a result of this shift, Manappuram Finance will no longer issue physical instruments, including warrants, checks, or drafts, for these payments. All payments will be processed electronically to ensure a streamlined and efficient system. This change is effective following a regulatory update issued on November 18, 2025.
Action Required by Stakeholders
To ensure uninterrupted receipt of payments, stakeholders are strongly advised to update and validate their bank account details promptly. This measure will facilitate seamless electronic transactions and prevent any delays. The company encourages all stakeholders to complete this update as soon as possible.
Source: BSE